Sea Harvest Increases Equity Stake in Viking Aquaculture

1
137
The Buffelsjag abalone farm. Picture Supplied.

The Sea Harvest Group has, through its wholly-owned subsidiary, Sea Harvest Aquaculture, agreed to acquire a further 28% of the shares and loan claims against Viking Aquaculture. This forms part of the Group’s strategy to grow its sustainable fishing and high-value aquaculture sectors.

Sea Harvest currently owns 54% of the shares in Viking Aquaculture. The agreed transaction is priced at about R210 million.

There’s more to read here…

This content is for subscribers only.
Subscribe to Fishing Industry News SA to get full access to our exclusive content now.
Subscribe Now
Already a member? Log in here

Comments are closed.